| Page | |||
|---|---|---|---|
| Charity's | General Information | ||
| Trustees | Report | ||
| Independent Examiner's |
Report | ||
| Balance | Sheet | ||
| Notes to | the Financial Statements | 5-6 | |
| Statement | ofFinancial | Activities |
| NOTES | 2022 | 2021 | |||
|---|---|---|---|---|---|
| FIXEDASSETS | |||||
| Tangible Assets | 3,047 | 4,063 | |||
| CURRENT ASSETS | |||||
| Debtors | 157,714 | 21,548 | |||
| Cash at Bank | 5,138 | 6,193 | |||
| 162,852 | 27,741 | ||||
| CREDITORS: Short-term | 4 | (500) | (500) | ||
| NET CURRENT ASSETS/(LIABILITIES) CREDITORS: Long-term 5 |
162,352 ~22,488 |
27,241 ~28,874 |
|||
| TOTAL NET CURRENT | ASSETS/(LIABILITIES) | 142,914 | 2,430 | ||
| RESERVES | |||||
| General Funds | 142,914 | 2,430 | |||
| 142,914 | 2,430 |
| 3. | TANGIBLE FIXED | ASSETS: | ASSETS: | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| COST / VALUATION: | Church | Office | TOTAL | TOTAL | ||
| Building | Equipments | |||||
| Opening Balance | 10,500 | 4,102 | 14,602 | 14,602 | ||
| Additions in the |
year | 0 | 0 | 0 | 0 | |
| Closing Balance | 10,500 | 4,102 | 14,602 | 14,602 | ||
| Depreciation | ||||||
| Opening Balance | 7,178 | 3,361 | 10,539 | 9,185 | ||
| Charge for the period | 831 | 185 | 1,016 | 1,354 | ||
| Closing Balance | 8,009 | 3,546 | 11,555 | 10,539 | ||
| Net BookValue | ||||||
| Opening Balance | 3)322 | 741 | 4,063 | 5,412 | ||
| Closing Balance | 2,492 | 556 | 3,047 | 4,063 | ||
| 4 | CREDITORS: Amount | Due Within IYear | ||||
| Professional fees |
500 | 500 | ||||
| Accruals | 0 | 0 | ||||
| 500 | 500 | |||||
| 5 | CREDITORS: Amount | Due After IYear | ||||
| Credit Facilities | 22,485 | 28)874 | ||||
| 6 | RESERVES:Movements | in Charity funds: | ||||
| Opening Balance | for the | Year | 2,430 | 2,435 | ||
| Surplus/(Deficit) | for the Year | 140,484 | (5) | |||
| Closing Balance | 142,914 | 2,430 |
| 7.MOVEMENT OF CHARITY FUNDS | 2022 | 2021 | |
|---|---|---|---|
| Unrestricted | TOTAL | TOTAL | |
| Funds | Funds | Funds | |
| INCOMING RESOURCES: | |||
| Tithe | 9494 | 9,494 | 15,042 |
| Offering | 803 | 803 | 25,055 |
| Thanksgivings | 2,550 | 2,550 | 18,762 |
| Seed Faith | 19,134 | 19,134 | 4,860 |
| 1st Fruit Donations | 11,820 | 11,820 | 0 |
| Gift Aids | 2,594 | 2,594 | 9,896 |
| Grants | 5,885 | 5,885 | 5,882 |
| Other Receipts | 168,322 | 168,322 | 0 |
| Interest | 5 | 5 | 4 |
| TOTAL INCOMING RESOURCES: | 220,607 | 220,607 | 79,501 |
| RESOURCES EXPENDED: | |||
| Salaries &Pension | 25,102 | 25,102 | 23,345 |
| PAYE Tax &NICs | 1,762 | 1,762 | 2,675 |
| Rent | 12,000 | 12,000 | 12,000 |
| Insurance Premium |
395 | 395 | 364 |
| Telephone Charges |
240 | 240 | 395 |
| Donations | 38,390 | 38,390 | 21,874 |
| Repair and Maintenance | 0 | 0 | 11,500 |
| Sundry Expenses | 718 | 718 | 5,500 |
| Depreciation ofTangible Assets | 1,016 | 1,016 | 1,354 |
| Accountancy &Payroll Fees | 500 | 500 | 500 |
| TOTAL RESOURCES EXPENDED: | (80,123) | (80,123) | (79,507) |
| NET SURPLUS/(DEFICIT) FORTHE PERIOD | 140,484 | 140,484 | (5) |